1. Share Deposits

• You need to contribute at least Kes 1000 every month on this account
• Entitled to a loan up to three times what you have contributed to this account.

2. Share Capital Investment Account

Features     
•    Investment maximum limit is Kshs. 1,000,000
•    No monthly contributions  if member has invested the maximum amount
•    Funds are not refundable but transferable
•    Up to 15% annual returns
•    Eligible to all members

3. Maisha Investment Plus

(You can now invest your cash in Maisha Invest Plus (MIP) Account)

This is an account for investors and members who would like to deposit their cash and/or dividends in an interest earning account while being able to access the invested funds on demand.

FEATURES        

·         Invest for a specified period of time and receive a monthly interest payment

·         Interest earned can be paid monthly, quarterly, half-yearly or annually

·         Annual interest is computed as 70% of the prevailing Central Bank Reference rate plus

o    0.2% for investment period of up to 6 months &

o    0.5% for investment period of more than 6 months respectively

·         Investment amounts may be paid in installments or through a lump sum

·         You can use money in your MIP account to secure/guarantee loans

·         You can increase your investment ANYTIME

·         You may access the principle amount at the end of the investment period

·         Funds withdrawal notice is 7 working days

PAYMENT METHODS

1.        Bank

Please indicate your member number and mobile phone number on the banking slip/RTGS/Standing order advice.  

2. Paybill Number: 600110 (put your member number as account number). 

3. FOSA banking hall at the Sacco office. 

NB: After banking, please bring the slip/RTGS/Standing order advice to the office or email it to This email address is being protected from spambots. You need JavaScript enabled to view it. ; This email address is being protected from spambots. You need JavaScript enabled to view it. and advice that the funds be credited to your share capital account.      

4. Fixed Deposit Account

The Fixed deposit account is a withdrawable deposit account where depositors can place short term deposits for specified periods of time usually up to twelve months. The account targets members with large sums of money that they have put aside for investment and they are fairly certain of the period that they can commit the funds.
Features
•    Minimum amount to fix is Kshs. 5,000
•    No monthly deposits
•    No maximum  limit
•    Earns attractive annual returns of up to 11%
•    Refundable with interest upon maturity
•    Fixed deposit can be used to secure a loan

5. Fosa Savings /Joint/Group Account

• Open a joint or group account with Maisha Bora that will earn 3% interest on balances
• No limited withdrawals

6. School Fees saving

• Open a joint or group account with Maisha Bora that will earn 3% interest on balances
• No limited withdrawals
  

7. BOSA Deposits Account

Features    
•    Monthly contribution of Kshs. 1,000
•    No maximum limit on savings
•    Can be used to secure a loan
•    Earn attractive annual returns of up to 12%
•    Funds refundable after 60 days of notice to exit